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Article: SUNDIA MEDITECH COMPLETES 2ND ROUND OF FINANCING

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AsiaInfo Services
Article date:
January 18, 2008
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AsiaInfo Services
01-18-2008
Sundia MediTech Completes 2nd Round of Financing

SHANGHAI, Jan 18, 2008 (SinoCast via COMTEX) -- Shanghai-based Sundia MediTech Co., Ltd. said on January 17, 2008 that it had completed the second round of financing.

The company did not give further details about the fundraising, but saying that IDG Technology Venture Investment (IDGVC), which injected CNY 20 million in Sundia MediTech in July 2005, made an additional investment in the company.

Incorporated in May 2004, Sundia MediTech is engaged in providing pharmaceutical and biotech R&D outsourcing services, including custom organic synthesis, medicinal chemistry, process chemistry, APIs manufacturing under ...

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